Journalize the entries to record the selected transactions

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Reference no: EM131016263

Journalize the entries to record the following selected transactions.

a. Sold $6,800 of merchandise on account, subject to a sales tax of 6%. The cost of the merchandise sold was $4,010. For a compound transaction, if an amount box does not require an entry, leave it blank.

b. Paid $39,750 to the state sales tax department for taxes collected.

Reference no: EM131016263

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